Arch Coal Inc (NYSE:ACI) shares increased by 0.94% to close at $5.30, Southwest Airlines Co (NYSE:LUV)

Posted by Beth Hart May 29, 2013 0 Comment 944 views

Arch Coal Inc (NYSE:ACI): Tuesday’s trading session saw Arch Coal Inc (NYSE:ACI) rising by 0.94%. The opening price of $5.42, was the intraday high, before settling down to close at $5.30 per share. Around 6.46 million shares were traded in the last trading session, which stood below the average volume of 12.03 million that was measured over 30 days.

Arch Coal Inc (NYSE:ACI) is a coal producer. In the year that ended 31 December 2012, the company sold around 140.8M tons of coal. This amount included around 4.3M tons of coal that it had purchased from third-parties. This amounted to roughly 14 percent of the 2012 U.S coal supply. As of 31 December 2012, Arch Coal Inc (NYSE:ACI) either operated or contracted-out the operation of 32 active-mines that were situated in each one of the coal-producing regions in the United States.

ACI’s operating segments are the Powder River Basin segment. This segment has operations in Wyoming, the Western Bituminous segment, with Utah and Colorado operations, the Appalachia segment, which has operations in Kentucky, Virginia, West Virginia and Maryland.

Southwest Airlines Co (NYSE:LUV): Tuesday’s trading session saw Southwest Airlines Co (NYSE:LUV) dipped 0.07%. The opening price of $14.40 climbed to an intraday high of $14.44 before settling down to close at $14.15 per share. Around 7.82 million shares were traded in the last trading session, which stood above the average volume of 7.48 million that was measured over 30 days.

Southwest Airlines Co operates the passenger airlines, South-West Airlines. The company provides scheduled air-transportation within the Unites States. As of December 31, 2011, Southwest Airlines Co (NYSE:LUV) served 72 different cities in 37 states in the U.S. In the year ended December 31, 2011, the company added services in 2 new U.S states and in 3 new cities: Charleston and Greenville-Spartanburg in South Carolina as well as Newark, New Jersey.

On May 2, 2011, LUV acquired AirTran Holdings, Inc. Instead of a point-to-point service, AirTran’s route system offers the hub-and-spoke service. Almost 50% of Southwest Airlines Co (NYSE:LUV)’s flights either originate or then terminate at its hub which is in Atlanta, Georgia.

About Beth Hart

Beth is from New York. She has two master’s degrees and served as a lecturer in B-School. Her master’s degree is an MBA in Global Management from the University of Phoenix (2010). She has worked for small businesses, public agencies, and large corporations. She does write articles as a freelancer.

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